15715 SW 88 ST, The Hammocks, FL 33196
Parcel: 3049320070010 · Drive-In Restaurant · Retail Outlet · Zoning: 6200
Assessed Value (2025)
$1,200,000
Property Details
Living Sqft
3,211
Year Built
1995
Lot Sqft
21,000
Stories
1
DRIVE-IN RESTAURANT : RETAIL OUTLET
Sales History
1
$542,500
1995-10-01
2
$750,000+38%
1996-04-01
Tax Assessment History
$1,200,000
Assessed (2025)
$1,200,000
Market Value
$1,200,000
Taxable Value
$24,431
Annual Tax
2024
$1,354,000
2025
$1,200,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,200,000 | $1,200,000 | $1,200,000 | $24,431 | $945,000 | $255,000 |
| 2024 | $1,354,000 | $1,354,000 | $1,354,000 | $27,566 | $945,000 | $409,000 |
About 15715 SW 88 ST, The Hammocks, FL 33196
15715 SW 88 ST, The Hammocks, FL 33196 is a drive-in restaurant : retail outlet built in 1995 with 3,211 square feet of living space on a 21,000 square foot lot. The property is currently owned by MCDONALD'S CORPORATION % MCDONALDS #17014, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 1996-04-01 for $750,000. The property has appreciated $207,500 (38%) since the prior sale of $542,500 on 1995-10-01. The 2025 assessed value is $1,200,000 with a market value of $1,200,000.
This breaks down to $945,000 for the land and $255,000 for the building. The assessed value decreased 11% from $1,354,000 in 2024. The median household income in this area is $120,540, and the median home value is $504,400.
The population density is 9,234 people per square mile. 15715 SW 88 ST, The Hammocks, FL 33196 is located in The Hammocks, Florida. Property records, tax assessments, sales history, and ownership information for this The Hammocks property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 1995 to 1996, with 2 recorded transactions in the public record. The current assessed value represents 160% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.
Based on the most recent sale, this property traded at $234 per square foot — a key metric for comparing value across The Hammocks's real estate market..
Building Permits (12)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024178872 | electrical | F | — | ||
| C2024165359 | electrical | F | — | ||
| C2024094082 | mechanical | F | — | ||
| C2024072925 | mechanical | F | — | ||
| W2023177016 | electrical | F | — | ||
| C2023174829 | building | F | — | ||
| C2023169545 | electrical | F | — | ||
| W2023168954 | plumbing | F | — | ||
| C2023096025 | building | F | $500,000 | ||
| C1996028932 | building | expired | — | ||
| S1996046740 | electrical | expired | — | ||
| S1996018882 | plumbing | expired | — |
Current Owner
MCDONALD'S CORPORATION % MCDONALDS #17014
13349 SW 131 ST, MIAMI, FL, 33186
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$10,000 — $17,600
Flood $400 — $800
Property/Wind $9,600 — $16,800
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$120,540
Median Home Value$504,400
Pop. Density9,234/sq mi
Neighborhood 15715
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
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